CCC vs DSGX: Correlation
Measured on weekly returns over the past three years, CCC Intelligent Solutions Holdings Inc. (CCC) and The Descartes Systems Group Inc. (DSGX) carry a correlation of 0.58, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCC and DSGX?
Across a 3-year window, the weekly returns of CCC and DSGX correlate at 0.58, moderate. Recent behaviour matches the longer record: 0.65 over 1 year against 0.58 over 3. Stretching to 5 years gives 0.55, with an annualized covariance of 718.5 %².
Few assets follow CCC as closely as DSGX, which ranks #2 of 21 tracked partners. Twelve-month performance is nearly a tie, at -22.7% for CCC and -19.1% for DSGX.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
CCC vs DSGX: side by side
| CCC (CCC Intelligent Solutions Holdings Inc.) | DSGX (The Descartes Systems Group Inc.) | |
|---|---|---|
| 1-year return | -22.7% | -19.1% |
| 5-year return | -30.0% | +3.6% |
| Volatility (ann.) | 39.5% | 31.5% |
| Beta vs S&P 500 | 0.83 | 0.86 |
| Max drawdown (3Y) | -68.4% | -48.7% |
| Market cap | $4.5B | $6.9B |
| P/E (trailing) | 108.6 | 38.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CCC | DSGX |
|---|---|---|
| 2022 | -23.6% | -15.8% |
| 2023 | +30.9% | +20.7% |
| 2024 | +3.0% | +35.1% |
| 2025 | -32.2% | -22.8% |
| 2026 | -4.4% | -8.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCC and DSGX good diversifiers for each other?
Only partially. A correlation of 0.58 means CCC and DSGX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between CCC and DSGX?
The CCC/DSGX correlation stands at 0.58 on a 3-year window (1 year: 0.65, 5 years: 0.55), computed from weekly returns as of 2026-08-27.
Is DSGX a good diversifier for CCC?
Only partially. A correlation of 0.58 means CCC and DSGX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.58 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ccc-vs-dsgx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ccc-vs-dsgx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CCC correlations · DSGX correlations
